Text · page 35 of 103
Read the whole document on one page (all 103 pages, each with its own heading)
This document was a scan. Its text was produced by character recognition and may contain errors; check the original for exact wording.
VILLAGE OF GOWANDA, NEW YORK Balance Sheets - Governmentai Funds May 31, 2025 Special Revenue Total Community Capital Governmental General Development Water Sewer Projects Funds ASSETS Cash 1,545,129 399,502 526,684 676,253 - 3,147,568 Restricted Cash 323,838 - 150,111 308,604 1,777,486 2,560,039 Restricted Investments - 305,500 o. - - 305,500 Accounts Receivable 4,243 4,939 1,547 143,150 - 153,879 Federal and State Aid Receivable - - - - 1,449,468 1,449,468 Other Receivabies - 223 - - - 223 Due from Other Funds 43,507 -. 111 66 = 43,684 Total Assets 1,916,717 710,164 ~ 678,453 1,128,073 3,226,954 7,660,361 LIABILITIES Accounts Payable 79,608 1,373 13,678 $5,759 929,593 1,080,011 Deferred Revenue - 5,306 - - - 5,306 Due to Other Funds 177 - 278 100 43,132 43,684 Bond Anticipation Notes Payable - : = 5,022,528 5,022,528 Total Liabilities 79,785 6,679 13,953 55,859 §,995,253 6,151,529° FUND BALANCES (DEFICITS) Restricted 323,838 305,500 150,131 308,604 1,777,486 2,865,539 Assigned 350,000 397,985 514,389 763,610 - 2,025,984 Unassigned 1,163,094 : : : (4,545,785) (3,382,691) Total Fund Balances (Deficits) 1,836,932 703,485 664,500 +1,072,214 (2,768,299) 1,508,832 Total Liabilities and Fund Balances (Deficits) 1,916,717 710,164 678,453 1,128,073 3,226,954 7,660,361 The notes to the financial statements are an integral part of this statement 13